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A Reader Alerts Us To The Latest Billionaire For Open Borders: Sam Wyly

Sam Wyly: Yet another billionaire for open-borders. But with this one, however, his lack of scruples is already basically proven.

From Monday`s Washington Times:

For decades, Sam and Charles Wyly won admiration as Texas entrepreneurs skilled at building businesses worth billions of dollars. But a regulatory agency is casting them in a new light at a civil trial, saying the brothers earned more than $500 million through fraud and deception by secretly trading the securities of public companies they controlled.[Businessman’s reputation, cash on line at NY trial,By Larry Neumeister, Associated Press, April 27, 2014]

Fraud, deception…. and open-borders:

Wyly’s lawyer, Stephen D. Susman, told jurors his client wants to “defend his reputation” after selling his businesses and retiring about a decade ago to be an author. He said Wyly is writing a book about the value of immigration to America.

You see jurors Wyly shouldn’t be convicted because he loves immigrants and knows the value they bring to America.

… inspiring stories of people like Albert Gallatin, a French-speaking Swiss immigrant who became our longest-serving Secretary of the Treasury, and Bill Knudsen, a Dane who took on the most important stateside job during World War II and helped seal victory for America.

“Then there are the so-called regular people”, Amazon tells us,

… like contractor Carlos Camuñez, who came over from Mexico as a boy and, risking deportation himself as a 16-year-old, drove vans full of often desperate illegal immigrants on harrowing cross-country journeys to their new homes.”

Like the way he apparently ran his companies, Mr. Wyly doesn`t appear to be completely grounded in reality. A few years in would hopefully change that, but unfortunately it`s an SEC civil trial, so the worst that can happen is a $500 million dollar fine.